FxWirePro: Aussie falls against kiwi after HPI, NAB business confidence data
Tuesday, December 10, 2019 1:57 AM UTC
- AUD/NZD is currently trading around 1.0410 marks.
- Pair made intraday high at 1.0431 and low at 1.0408 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.0450 marks.
- A sustained close above 1.0526 will drag the parity higher towards key resistances around 1.06, 1.0654, 1.0743, 1.0804, 1.0882, 1.0951 and 1.1145 levels respectively.
- Alternatively, a daily close below 1.0419 will take the parity down towards key supports around 1.0339/1.0264/1.0222 marks respectively.
- Australia’s HPI stands at 2.4 vs -0.7 previous release (expected 0.5).
- Australia’s NAB business confidence stands at 0 vs 2 previous release.
- Australia’s S&P/ASX 200 was trading 0.23 pct lower at 6,714.40 points.